http://mnfmi.org Mon, 23 Apr 2012 18:12:21 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 http://mnfmi.org/2011/11/17/the-political-allocation-of-capital-rfk-jr-and-brightsource-by-bill-glahn/ http://mnfmi.org/2011/11/17/the-political-allocation-of-capital-rfk-jr-and-brightsource-by-bill-glahn/#comments Thu, 17 Nov 2011 19:08:15 +0000 admin http://mnfmi.org/?p=9445 http://mnfmi.org/2011/11/17/the-political-allocation-of-capital-rfk-jr-and-brightsource-by-bill-glahn/feed/ 0 http://mnfmi.org/2011/10/25/9277/ http://mnfmi.org/2011/10/25/9277/#comments Tue, 25 Oct 2011 17:00:56 +0000 admin http://mnfmi.org/?p=9277 http://mnfmi.org/2011/10/25/9277/feed/ 0 http://mnfmi.org/2011/08/16/why-cant-i-buy-electricity-at-the-farmers-market-by-bill-glahn/ http://mnfmi.org/2011/08/16/why-cant-i-buy-electricity-at-the-farmers-market-by-bill-glahn/#comments Tue, 16 Aug 2011 16:48:49 +0000 Kim Crockett http://mnfmi.org/?p=7977 http://mnfmi.org/2011/08/16/why-cant-i-buy-electricity-at-the-farmers-market-by-bill-glahn/feed/ 1 http://mnfmi.org/2011/06/16/where-do-we-go-from-here-by-tom-kelly/ http://mnfmi.org/2011/06/16/where-do-we-go-from-here-by-tom-kelly/#comments Thu, 16 Jun 2011 20:04:45 +0000 Kim Crockett http://mnfmi.org/?p=7191 http://mnfmi.org/2011/06/16/where-do-we-go-from-here-by-tom-kelly/feed/ 0 http://mnfmi.org/2011/04/12/legislative-update-on-energy-and-environment-april-12/ http://mnfmi.org/2011/04/12/legislative-update-on-energy-and-environment-april-12/#comments Tue, 12 Apr 2011 13:26:34 +0000 Kim Crockett http://mnfmi.org/?p=6688 http://mnfmi.org/2011/04/12/legislative-update-on-energy-and-environment-april-12/feed/ 0 http://mnfmi.org/2011/03/17/legislative-update-on-energy-and-the-environment-march-18/ http://mnfmi.org/2011/03/17/legislative-update-on-energy-and-the-environment-march-18/#comments Fri, 18 Mar 2011 00:54:34 +0000 Kim Crockett http://mnfmi.org/?p=6603 http://mnfmi.org/2011/03/17/legislative-update-on-energy-and-the-environment-march-18/feed/ 0 http://mnfmi.org/2010/12/27/recessions-and-recoveries-lessons-not-learned-by-tom-kelly/ http://mnfmi.org/2010/12/27/recessions-and-recoveries-lessons-not-learned-by-tom-kelly/#comments Mon, 27 Dec 2010 22:06:32 +0000 Kim Crockett http://mnfmi.org/?p=5849 http://mnfmi.org/2010/12/27/recessions-and-recoveries-lessons-not-learned-by-tom-kelly/feed/ 0 http://mnfmi.org/2010/10/29/dayton-claims-he-will-tax-the-rich-economist-john-spry-says-dayton-would-also-tax-the-poor/ http://mnfmi.org/2010/10/29/dayton-claims-he-will-tax-the-rich-economist-john-spry-says-dayton-would-also-tax-the-poor/#comments Fri, 29 Oct 2010 16:37:19 +0000 Kim Crockett http://mnfmi.org/?p=5316 http://mnfmi.org/2010/10/29/dayton-claims-he-will-tax-the-rich-economist-john-spry-says-dayton-would-also-tax-the-poor/feed/ 0 http://mnfmi.org/2010/05/14/book-review-panic-by-andrew-redleaf-and-richard-vigilante/ http://mnfmi.org/2010/05/14/book-review-panic-by-andrew-redleaf-and-richard-vigilante/#comments Sat, 15 May 2010 01:15:38 +0000 Kim Crockett http://mnfmi.org/?p=4370 Finance is not Physics. A Review of Panic, by Andrew Redleaf and Richard Vigilante
Friedrich Hayek’s 1974 Nobel Prize lecture, “The Pretense of Knowledge,” concerns the “failure of [Keynesian] economists to guide policy more successfully.” Hayek believed that failure was “closely connected with their propensity to imitate as closely as possible the procedures of the … physical sciences.”  Hayek’s point, to simplify, is that the desire to create mathematical models of economic behavior inevitably leads to the exclusion of critical factors that cannot be easily quantified.  The result is an elegant, but not accurate, model. Speaking of the Keynesian policies of the 1960s and 1970s, Hayek hypothesized that “an almost exclusive concentration on quantitatively measureable surface phenomena has produced a policy which has made matters worse.”]]> http://mnfmi.org/2010/05/14/book-review-panic-by-andrew-redleaf-and-richard-vigilante/feed/ 1 http://mnfmi.org/2009/09/10/health-care-a-titanic-misrepresentation/ http://mnfmi.org/2009/09/10/health-care-a-titanic-misrepresentation/#comments Thu, 10 Sep 2009 20:13:51 +0000 Kim Crockett http://mnfmi.org/?p=3414 As I’ve been listening to various talk radio programs I’ve heard the following new talking point proffered by national health care supporters at least four times in the past 48 hours: We have to pass a government option! Two-thirds of the bankruptcies in the US are caused by medical bills! The basis for this argument is found in this recent study in the American Journal of Medicine. A snippet of the conclusion of the study is as follows: Using a conservative definition, 62.1 percent of all bankruptcies in 2007 were medical; 92 percent of these medical debtors had medical debts over $5000, or 10 percent of pretax family income. At first look you’d have to say “Wow!” Can nearly two-thirds of bankruptcies be caused by the results of medical costs? The answer, after you look at the study and some other information is “No.” A Guest Post by Randy Ammon]]> http://mnfmi.org/2009/09/10/health-care-a-titanic-misrepresentation/feed/ 2